Finance Ops – AR

About The Role

To oversee and participate in the processing and timely payment and posting of supplier invoices, check request, or other approved bills. To prepare entries for and reconcile accounts payable activities for general ledger. To ensure adherence to procedure and classification controls for trade liabilities.

Job Location: HYD/BLR/KOL

As a Cash Application Analyst, you will play a crucial role in the financial operations of our organization by ensuring accurate and timely processing of cash receipts. Your primary responsibility will be to reconcile incoming payments with outstanding invoices, identify discrepancies, and collaborate with various departments to resolve issues. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work efficiently in a fast-paced environment.

Key Responsibilities:

• Daily reconciliation of incoming cash receipts with open invoices and accounts receivable records.
• Investigate and resolve discrepancies between bank deposits and system records.
• Accurately apply payments to customer accounts in the financial system.
• Ensure proper coding and classification of transactions.
• Identify and investigate variances between expected and received payments.
• Collaborate with internal teams, such as sales and customer service, to resolve payment discrepancies and billing issues.
• Maintain detailed records of cash transactions, adjustments, and reconciliations.
• Prepare and distribute regular reports on cash application status and outstanding receivables.
• Propose and implement changes to streamline workflows and reduce errors.

Required Qualifications:

• Good communication skills, both written and verbal.
• Strong attention to detail and ability to meet strict deadlines.
• Ability to work independently and as part of a team.
• Good analytical, problem-solving, and organizational skills.
• Experience with accounting software and systems eg: PeopleSoft, Oracle etc_ MUST
• Proficiency in Microsoft Office Suite, with advanced Excel skills – MUST
• CA Inter, ACS, ICWA, or similar 4-year master’s course such as M. Com, MBA (Finance)
• B. Com, BBA or similar 3-year graduate course
• Should have 2-6 yrs experience O2C Process

Tagged as: Careers in Finance